Ask the ppl at your work places for entertaining, mind boggling answers.

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The last time I heard this topic brought up outside my investment circles it ended in a heated argument. Crux of their argument: $300k outright is much better than a $500k asset with $100k debt. Because debt is bad! Got to pay it off! No no no you're wrong! $100k debt is baaaddd!!!

The last time I heard this topic brought up outside my investment circles it ended in a heated argument. Crux of their argument: $300k outright is much better than a $500k asset with $100k debt. Because debt is bad! Got to pay it off! No no no you're wrong! $100k debt is baaaddd!!!

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Many folks have this perception and understanding. It's just a lack of a financial education. For some of them, any kind of debt is probably a bad idea but there are many others who could most likely benefit from understanding how to use debt. No point arguing with them mate

The last time I heard this topic brought up outside my investment circles it ended in a heated argument. Crux of their argument: $300k outright is much better than a $500k asset with $100k debt. Because debt is bad! Got to pay it off! No no no you're wrong! $100k debt is baaaddd!!!

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